Binance, a leading cryptocurrency exchange, has conducted periodic reviews on listed spot trading pairs in order to protect users and maintain a robust trading market. As a result, several spot trading pairs will be delisted due to factors such as poor liquidity and trading volume. Several altcoin pairs will be listed. Here are the details…
Binance delists 25 altcoin pairs
As we reported as Kriptokoin.com, Binance, the world’s largest cryptocurrency exchange, made various announcements. First, we’ll look at the delist announcement. According to the stock exchange’s announcement, some of the following spot trading pairs will be delisted on November 17, 2023, at 06:00, and some will be delisted on November 17, 2023, at 08:00.
- AAVE/BUSD
- AGLD/BUSD
- APE/BUSD
- BEL/BNB
- BNX/BNB
- BOND/BUSD
- BUSD/PLN
- BUSD/RON
- BUSD/UAH
- BUSD/ZAR
- DODO/BUSD
- DYDX/BUSD
- FRONT/BUSD
- HARD/BNB
- MANA/BUSD
- ONE/BUSD
- OP/BUSD
- RNDR/BUSD
- ROSE/BUSD
- STX/BUSD
- TRX/BUSD
- VET/BUSD
- XLM/BUSD
- YGG/BUSD
- ZIL/BNB
It is important to note that the delisting of these spot trading pairs does not affect the availability of the tokens on Binance Spot. Users can continue to trade the underlying assets of the affected pairs on other available trading pairs on the platform. In addition, Binance will discontinue Spot Trading Bots services for delisted spot trading pairs around the same dates. Users are strongly advised to update or cancel their Spot Trading Bots before the services are discontinued to avoid possible losses.
BUSD assets are delisting
The purpose of this delist from Binance is to reduce BUSD transactions as much as possible. Because users are encouraged to convert their BUSD assets into other existing assets on Binance before February 2024. Binance offers users the option to convert their BUSD balance to FDUSD with zero trading fees or convert their BUSD balance to FDUSD using the conversion portal. Because all of the above altcoins are also listed in BUSD pairs.
There are also couples listed
Besides the big delist above, the exchange also lists new trading pairs. On November 16, 2023 at 11:00 UTC, trading will open for spot trading for the following cryptocurrency pairs:
- ARK/TRY
- BEAMX/TRY
- CAKE/TRY
- CAKE/TUSD
- DYDX/FDUSD
- PIVX/USDT
- RUNE/FDUSD
- TIA/TUSD
It is worth noting that TRY represents a fiat currency and does not represent any other cryptocurrency. Users will benefit from zero maker fees on FDUSD and TUSD trading pairs until further notice, enhancing their trading experience on these pairs. As Binance continues to adapt to market conditions, these changes aim to optimize the trading environment for users while ensuring the highest standards of quality and security.
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